Welcome to our dedicated page for Rayonier Advanced Matls news (Ticker: RYAM), a resource for investors and traders seeking the latest updates and insights on Rayonier Advanced Matls stock.
Rayonier Advanced Materials Inc. (NYSE: RYAM) generates a steady flow of news related to its role in cellulose-based technologies, biomaterials, paperboard and pulp. This page aggregates company press releases and third-party coverage so readers can follow how RYAM’s operations, strategy and leadership evolve over time.
RYAM’s news often highlights developments in its Cellulose Specialties, Biomaterials, Cellulose Commodities, Paperboard and High-Yield Pulp businesses. Recent communications have discussed segment reorganization, quarterly financial results, tariff impacts, operational performance at facilities such as Temiscaming and Tartas, and the company’s perspective on demand trends for high-purity cellulose, paperboard and high-yield pulp products.
Investors and industry observers will find updates on earnings releases and financial guidance, including commentary on net sales, operating income or loss by segment, non-cash charges and cash flow dynamics. RYAM also issues news about leadership and governance changes, such as the planned retirement of its former President and Chief Executive Officer, the appointment of Scott Sutton as Chief Executive Officer and President and changes in accounting leadership reported in Form 8-K filings.
Another recurring theme in RYAM’s news is its activity in trade and regulatory matters. The company has announced the filing of antidumping and countervailing duty petitions concerning imports of high-purity dissolving pulp from Brazil and Norway, outlining its position on unfairly traded imports and the potential impact on U.S. producers and workers.
Product and market-focused announcements also appear in RYAM’s news flow. For example, the company has described enhancements to its Kallima folding carton board portfolio, including an enhanced freezer application developed at its Temiscaming facility for frozen food packaging. These items give insight into how RYAM positions its paperboard products within the packaging market.
By reviewing the RYAM news feed, readers can track how management communicates its long-term strategic direction, including emphasis on Cellulose Specialties and Biomaterials, responses to tariffs and market conditions, and updates on operational execution. Bookmarking this page allows for efficient access to new releases and historical context on the company’s public disclosures.
Rayonier Advanced Materials (RYAM) will announce its Q1 2021 earnings on May 4, 2021, post-market. A subsequent conference call is scheduled for May 5, 2021, at 10:00 a.m. ET, to discuss these results. The call will be accessible via www.rayonieram.com. With over 4,000 employees, the company reported approximately $1.8 billion in revenues, specializing in cellulose-based technologies across various sectors.
Rayonier Advanced Materials (RYAM) has entered a binding asset purchase agreement with GreenFirst Forest Products to sell its lumber and newsprint facilities in Ontario and Québec for approximately US$214 million. This agreement includes 85% cash and 15% shares of GreenFirst. RYAM will also retain all cash generated by the assets and an estimated $110 million in softwood lumber duties. The deal will be finalized in the second half of 2021, pending regulatory approvals. This strategic divestment allows RYAM to focus on its core high purity cellulose business and reduce debt.
Rayonier Advanced Materials (NYSE:RYAM) reported a strong turnaround in Q4 2020 with income from continuing operations of $9 million ($0.14 per diluted share), compared to a loss of $57 million in Q4 2019. Full-year net income was $0 million, improving from a loss of $119 million. Key drivers included higher prices for lumber and High Purity Cellulose, as well as lower operational costs. The company completed a refinancing, boosting liquidity to $215 million. Despite challenges from COVID-19, Rayonier is positioned for growth in 2021 with expected improvements in pricing and production capabilities across its segments.
Rayonier Advanced Materials (NYSE:RYAM) is set to release its fourth quarter 2020 earnings on February 24, 2021, after market close. A conference call will follow on February 25, 2021, at 10:00 a.m. ET to discuss the results, with supplemental materials available on the company's website. Rayonier, a leader in cellulose-based technologies, generates approximately $1.8 billion in revenue and employs over 4,000 individuals across manufacturing operations in the U.S., Canada, and France.
Rayonier Advanced Materials (NYSE:RYAM) has announced management changes in its High Purity Cellulose segment. Dr. Christoph Koenig is now responsible for all sales in this sector, while Tomas Fernandez will lead marketing, customer service, sustainability, and strategic initiatives. Both leaders bring over 25 years of experience in specialty chemicals. CEO Paul Boynton expressed confidence in a seamless transition following Frank's successful leadership over the past 18 months. The company generates approximately $1.8 billion in revenue and employs over 4,000 people globally.
Rayonier Advanced Materials (NYSE: RYAM) has successfully closed a private offering of $500 million in 7.625% senior secured notes due 2026. The offering, priced at 100% of the principal amount, aims to enhance liquidity. Additionally, RYAM closed a five-year senior secured asset-based revolving credit facility of $200 million. The proceeds from the notes will be used to repay existing senior secured credit obligations. This strategic move is designed to strengthen the company's financial footing while navigating future market conditions.
Rayonier Advanced Materials (RYAM) has announced a private offering of $500 million in 7.625% senior secured notes due 2026. The proceeds will be utilized to repay outstanding obligations under its existing senior secured credit agreement, alongside cash on hand. The transaction is expected to close around December 23, 2020, contingent upon the repayment of existing obligations and the establishment of a new $200 million asset-based revolving credit facility. The notes will be guaranteed on a senior secured basis and marketed to qualified institutional buyers.
Rayonier Advanced Materials (RYAM) announced a private offering of $500 million in senior secured notes due 2026, which aims to repay existing obligations under its senior secured credit agreement. The notes will be guaranteed by RYAM and certain subsidiaries and will only be offered to qualified institutional buyers and non-U.S. persons. This offering is not an offer to sell or a solicitation to buy securities and is subject to various regulatory conditions.
Rayonier Advanced Materials (RYAM) reported a third-quarter income of $29 million or $0.45 per diluted share, a significant improvement from a loss of $14 million in the prior year. Year-to-date, the net loss was reduced to $9 million from $62 million. Key factors included rising lumber prices and enhanced efficiency in High Purity Cellulose operations. The company noted ongoing challenges due to COVID-19 but expressed optimism due to signs of recovery in various markets. They have suspended guidance due to uncertainty regarding the economic recovery.
Rayonier Advanced Materials Inc. (NYSE:RYAM) will release its Q3 2020 earnings on November 4, 2020. A conference call will follow on November 5, 2020, at 9:30 a.m. ET to discuss the results. Investors can access the live webcast at www.rayonieram.com. The earnings report is expected to provide insights into the company's performance, which generates around $1.8 billion in revenue and employs over 4,000 people globally. Detailed supplemental materials will be available for investors.
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